Volvo Group Insurance Forsakrings AB
Volvo Group Insurance Försäkrings AB, commonly referred to as Volvo Insurance, is a prominent player in the insurance industry, headquartered in Sweden (SE). Established in the early 2000s, the company has carved a niche in providing tailored insurance solutions primarily for the automotive and transport sectors, aligning closely with the Volvo Group's core business areas. With a focus on commercial vehicle insurance, fleet management, and risk assessment services, Volvo Insurance stands out for its deep understanding of the unique challenges faced by transport operators. The company has achieved significant milestones, including partnerships that enhance its service offerings and customer reach across Europe and beyond. Recognised for its commitment to innovation and customer satisfaction, Volvo Insurance continues to strengthen its market position, making it a trusted choice for businesses seeking comprehensive insurance solutions.
DitchCarbon Score
How does Volvo Group Insurance Forsakrings AB's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Volvo Group Insurance Forsakrings AB's score of 68 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volvo Group Insurance Forsakrings AB currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes AB Volvo (publ), which has established significant climate commitments and reduction initiatives. As a current subsidiary of AB Volvo, Volvo Group Insurance Forsakrings AB inherits climate targets and performance metrics from its parent company. AB Volvo has set ambitious science-based targets (SBTi) aimed at reducing emissions across its operations. These targets are cascaded down to its subsidiaries, including Volvo Group Insurance Forsakrings AB, ensuring alignment with industry standards for climate action. While specific reduction targets for Volvo Group Insurance Forsakrings AB are not detailed, the overarching commitments from AB Volvo include initiatives under the Climate Pledge and the Carbon Disclosure Project (CDP). These initiatives focus on enhancing sustainability practices and reducing carbon footprints across the entire corporate structure. In summary, while Volvo Group Insurance Forsakrings AB does not have specific emissions data or reduction targets available, it is committed to the climate initiatives set forth by its parent company, AB Volvo, which actively works towards significant emissions reductions and sustainability goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 273,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 260,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Volvo Group Insurance Forsakrings AB is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
